SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.00119 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.001210600 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘MACD Hidden Bearish Divergence’ indicator layout is discovered. The indicator shows ‘MACD Hidden Bearish Divergence’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.001210600 – 0.00122 – 0.00122 – 0.00119 – 0.00119 – 0.00121 —
0.001210600 – 0.001209600 —
60.719444345104 – 55.2953688158 —
0.001210600 – 1783873800 —
– 1783873800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –